Press Releases

WELLESLEY, Mass., Aug 15, 2018– Due to the proliferation of portable electronic devices, the impact of Bluetooth and absorptive EMI, and the increased interest in products that minimize electromagnetic interferences, the global market for shielding technologies is facing an expansion that is met with several difficulties, according to a new report from BCC Research.

In 2017, the global market for shielding technologies was worth $6.6 billion. However, BCC Research estimates that it will be valued at $9.3 billion by 2023, indicating a compound annual growth rate (CAGR) of 5.7%, according toEMI/RFI: Materials and Technologies.

Shielding closely follows the demand for electronic devices and components. It is also a valuable resource to assist manufacturers in complying with ever-changing safety and performance regulations and standards.

The top difficulties that are facing the shielding technologies market include higher frequencies driven by increasing chip speeds, growing cost and environmental pressures, and the decreasing size of many electronic products.

Miscellaneous products account for the largest CAGR (6.6%) and monetary value ($3.3 billion by 2023) of all the market segments.

“This report identifies the nature of the EMI/RFI problem, noting the ways that the redesigning of shielding and electronics can overcome these problems,” said report author, Andrew McWilliams. “Technologies and materials specific to EMI/RFI shielding are also identified and analyzed for their impact on plastics and other materials within a context of trends in components and devices used in the electronics medical, automotive and consumer products industries.”

Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher. For media inquiries, email press@bccresearch.com or visit www.bccresearch.com/media to request access to our library of market research.